America spends approximately $1.6 billion on public housing energy payments every year. To put that into perspective, that’s equal to:
- 15.7 percent of the annual budget of the U.S. Environmental Protection Agency
- 95.7 percent of U.S. investment in energy-efficiency programs and renewable energy research
- 110 percent of the operating expenses of the U.S. Agency for International Development
- 60 times as much as we spend on National Public Radio.
Yet multi-family public housing projects, on average, use 38 percent more energy than the typical U.S. home. To put it simply, our public housing buildings are leaking our money.